Stocks that would benefit most from an economy that’s growing again were rising the most.
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Posted inBusiness, Nation & World
A late slump leaves stock market lower after a choppy day
Losses in banks, health care stocks and household goods companies accounted for a big portion of the selling.
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Posted inBusiness, Nation & World
U.S. stocks rally on hopes for vaccine and economic recovery
Stocks were already headed for a higher opening on Wall Street on Monday when a drug company announced encouraging results in very early testing of an experimental coronavirus vaccine.
Posted inBusiness, Nation & World
Stocks manage modest gains but still end lower for the week
The S&P 500 rose 0.4% after falling 1.3% earlier in the day as investors weighed more grim data showing how badly the coronavirus pandemic is crippling the economy.
Posted inBusiness, Nation & World, Uncategorized
Stocks drop again on worries about slow recovery for economy
Analysts say they expect the market to remain in a wait-and-see approach for weeks as investors gauge how economic reopenings underway are going.
Posted inBusiness, Nation & World
Wall Street erases early loss, steadies on tech stock strength
Tech stocks in the S&P 500 are up roughly 4% for 2020 as as investors look for companies that can be winners in both a ‘normal’ and a stay-at-home economy.
Posted inBusiness, Nation & World
Stocks end higher on Wall Street even after late-day stumble
Investors are cautiously optimistic that the gradual reopening of some businesses will begin to turn around the economy.
Posted inBusiness, Nation & World
Stocks shake off an early loss and end higher, led by tech
Energy stocks also help steady the market after the price of oil pulled a bit further from the record lows set late last month.
Posted inBusiness, Nation & World
Dow ends a day of whipsaw trading with 4.9% gain
Investors are likely to see more big swings until the number of infections from the new coronavirus decelerate, market watchers say, and they also want a big, coordinated response from governments and central banks.
Posted inBusiness, Nation & World
Dow closes up 4.5% on plans for stimulus measures, Biden wins
Health care stocks led the market’s spurt after a strong performance by Joe Biden in state primaries Tuesday and following efforts by governments to fight the coronavirus outbreak.